A quick little note for all of you delegating to dstors

A peer to peer market using crypto is an awesome idea and I hope they are very successful, it would be good for all of crypto if they are.

There are a few things that need to be pointed out.

@dstors' website will not interface with the Steem Blockchain at this time.
and the tokens will be issued from Bitshares.

So, the only thing this has to do with Steem apparently is the funding.

This is fine as long as you are aware of that, but remember dlive and consider other than creating a market for crypto this really doesn't have anything to do with Steem.

There I said it.

Well, I was just going to make this a quick post and let it go, but to the response and flagging on this post I will be writing up a full review of their funding project and white paper... Better save up a lot of voting power to handle this one @starjuno

Hey @whatsup, you so conveniently left out some REALLY important facts.

Let me fix your calculated "leave outs":

STORS token carries a convertible option to ICO tokens once and if sustainable $1 mil per month in total transactions is achieved. This equates it in many ways like a "Founder's Option" to a startup. DLive never provided this feature. In fact, no entity has EVER provided this convertible option as a benefit!

Anyone who wants to spend STORS token for STEEM upvote will require a Steem account. This benefits the STEEM community because we project not hundreds, but tens of thousands of new account openings will occur. dLive never had even this in the remotest part of their benefits list.

To say dStors has nothing to do with STEEM is very one sided. dStors will be the reall true merchant transaction site that readily accepts STEEM and SBD.....dLive never provided this.

dStors will cross-pollinate its benefits with Whaleshares community. dLive never did this.

dStors is really the ONLY project that is TRULY sponsored by the "Community"...no whales, no Stinc, no Ned and gladly no you @whatsup.....all community. Why? They see the powerful potential benefits as listed above.

dStors is not dLive and your comparative post is ill fitting and highly transparent and unwelcome by dStors team and supporters.

Be it known, that ALL delegators to dStors are FULLY aware of the above benefits of dStors. They ALL made highly informed decisions....they saw that the benefits outweighed the risks.

Apparently, you were one of the few who are uninformed and not aware and thus posted an ill fitting content. For instance, you probably did not even peruse the white paper.

And yet you participated in a Q&A post hosted by dStors and used my response to channel and mold it to your incomplete, unedified view of risk attributable to dStors and comparative to dLive. This is ill placed.

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I read the entire white paper which is what lead to my question. It seems odd you are so defensive and StarJuno flagging me just makes it seem that you are afraid of people understanding your business plan? Very odd behavior.

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Now you made me look at the white paper too. It has nothing to do with Steem. It´s a BTS token. The advantages you list above do NOT change the fact that this is a NON steem project and all the things listed above sound nice and sweet but can be changed or nullified at any time. And you are maybe right, maybe ALL delegators to dStors are FULLY aware of the above benefits of dStors. But I highly doubt, all of the delegators are FULLY aware, that it is not a Steem but Bitshares project seeking cross polination with whaleshares! 880K Steem delegation for a Bitshares/Whaleshares project. It is an easy decision for me, I only delegate STEEM to projects dedicated to the STEEM engine in the long run. I am not interested to delegate my STEEM towards a BTS/WHL project. That´s what it is. It is good that this is made very clear to the Steem community to avoid misunderstanding. Good info @whatsup thank you. Honestly I do not know why Starjuno flags this post. Fact is: It is not a STEEM project and that is what the post is all about - information - what´s wrong with an informed community?

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It just seems odd to overreact as I didn't really say anything negative. I would have thought you would have jumped at the chance to explain your business model and vision on how this would help Steem Also.

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It seemed quite odd how you asked a single question that clearly was in your mind to post about and all you needed was a response from @dstors that you can copy and show to "support" your biased hypothesis.

All know what dLive did. So, to have dStors even be compared to it is disgusting! More so on how you molded your post with calculated leave outs. In the absence of such calculated and selective leave outs of important facts and details, your point would have been moot.

It screamed ill placement.

Look at the comments below. They read your post and based on your biased post of calculated leave outs, they wish dStors no good will. That clearly was your objective, direct or indirect.

You hoped to poke a weakness that might fester to a bleed and take the credit for finding it. Not on our cost!

In fact that is your brand within the Steem community. @whatsup, you have rarely provided any genuine contributions except to poke here and poke there.

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To someone who hadn't heard of you until now, reading your responses at a 'psychological' level is telling - these are your words, concepts, perceptions and so they seem to tell about you!

I think you may be projecting your own issues for two reasons: (1) they follow emotional patterns of psychological projection (your emotionally loaded responses!) (2) your 'description' of @whatsup as per your comments does not match up with experienced reality and you are unable to demonstrate or illustrate beyond mere stating (as if factual, when it is not).

(2) doesn't need to be explained, it is obvious to all who know her, and it is pretty obvious from the comments of support.

(1) is evidenced in the language you use (and I'm just using the examples contained in this comment): words and phrases like the statements of 'certainty' re. @whatsup's intentions "It seemed quite odd how you asked a single question that clearly was in your mind to post about and all you needed was a response from @dstors that you can copy and show to "support" your biased hypothesis...."they wish dStors no good will. That clearly was your objective, direct or indirect."...."You hoped to poke a weakness that might fester to a bleed and take the credit for finding it.".....these statements are more likely to be projections of your own psychology, your own fears, guilts etc as their basis is not be found anywhere but in your head - you state absolute fact where none exists and the narrative is a function of defensiveness (or attack as defence)! Furthermore, you use words like 'disgusting' and 'scream'...yes, you may be disgusted at the negative publicity to a cherished project (initiated by your negative and defensive reactions/responses) and you may be screaming (looks a bit like it), in any case you are not reacting in a neutral objective (or professional) manner, although you have not stooped to the level of haejin in this dialogue - to your credit :). Lastly, you play the cheap ad hominem card of attempting to discredit @whatsup at a personal level, to degrade her status with the statement "In fact that is your brand within the Steem community. @whatsup, you have rarely provided any genuine contributions except to poke here and poke there."...again, to anyone who knows even a little bit about her presence here, this is clearly false. The reason for engaging in ad hominem is to distract from the content, the substance of an argument which one doesn't feel one can 'win'; it can also be to distract from something to 'hide'. Your reaction is largely emotional, it appears imbalanced, it makes one wonder why the drama, wtf is actually going on!!!?

You seem ultra offended that dstors and dlive be equated in any way. What Whatsup said was:

remember dlive and consider other than creating a market for crypto this really doesn't have anything to do with Steem.

...what are you reading into it and why is it such a sensitive trigger for you? Is it your intention to leave this platform in the manner of dlive? If it is not, and your conscience is clear, why take such offence? Why not instead be sensitive to a community that has been stung by dlive's departure and understand this concern from their POV?

See how it looks to me anyhow?

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So, let's see what message you're trying to pilot here; you're trying to say that dStors will use, abuse the STORS token by holding the 80% of STORS.

First, this % breakdown was made public and fully transaparent in the White paper.
Second, when, not if, but when total transactions reach $100 Mil per month; the amount of STORS token rewarded is projected to create a float that would be about 30% to 60% of total supply. So, yes, in the beginning, dStors will be honorable and honest stewards of STORS tokens; held for release as rewards.

At $100 Mil per month in total transactions, dStors will be able to fund not one but perhaps 10 reward voting bots each at 5 Mil SP or more. This load of upvotes will be able to service the large float in STORS. Perhaps the float will reach 80% or more!

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Sorry you are getting down voted. I don't view what you are sharing as a negative, and not sure why those who down voted did either. I view it as a positive that they are not putting all the energy into Steem, and are simply using it and the community as one of several foundations. Not only could this be smarter for them, but it could strengthen the Steem community by bringing in outsiders to participate.

I can tell you as one who sold years ago on Ebay and Amazon that both have went out of their way to burn their bridges with sellers. There are so many sellers out there wishing someone could come along and compete with those two. The closest has been Etsy, but they sort of boxed themselves in as the craft place and have been fighting to expand from that for some time.

I have to wonder how many who would never have considered anything to do with crypto (this was me the beginning of this very year, but Steemit was my doorway) will see an opening in without the hassles of the exchanges.

On top of this, unlike with Steemit.inc, they will not get crushed (if they are sustainable) when the markets fall as we have seen happen here on this site. It makes me sick thinking this site might not be here this time next year, and it would be the same for any buyers/sellers that help @dstors grow into the peer to peer site that used to be associated with Ebay before they got all wall street (when they brought in Meg Whitman and John Donahoe) like.

I think at the end of this, they found a workaround to the lack of SMT on the chain to fund this project. It is ingenious if you think about it, and I hope they can pull this off. A win for them is a win for the chain, whether it is all in on Steem or not.

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I think they mentioned that. Once SMTs launch, at least in the lite version, if delegators dont see a push towards smt token creation and move from BTS to Steem, im willing to bet anything that all that delegation will evaporate really fast.

Im sure dstors will not risk that. Im almost positive.

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Im torn when it comes to that. I staked Buildteam tokens that are a BTS asset but their products are on the Steem blockchain.
It really depends on what dstors does in regards how they present themselves outward.

SMTs, as much as i know guys/girls like you are very cautios when it comes to Steemit.inc promises, i think we can say that we are getting something at this point.
The community just put too much pressure on Ned for nothing to be done.

There have even been fork talks about freezing their stake out and if they have another major fuck up they risk losing everything. So yeah.. Smts i think are a reality.

I havent invested since im a cheap bastard hehe, but anything that starts on Steem, tends to stay on steem or it fades away and pisses off one of the biggest communities in crypto.

Dlive was a good thing to show that fact.
Once lazy ass community leaders either switch for more competent ones or start acting and the community realizes its strenght, it will be a huge risk for any dapp/project to do what dlive did.

@dstors' website will not interface with the Steem Blockchain at this time.
and the tokens will be issued from Bitshares.

I'd like to point out that steem is something I hold dearly to my heart and have had 0 problems on the platform - when I started working on https://steemit.com/steemfleamarket/@steemfleamarket/steem-flea-market-is-now-live-give-your-stuff-away-trade-buy-or-sell-and-earn-sbd-just-by-commenting it was my desire to build a service that is fully integrated with the steem blockchain and you can see how, in my original post. dStors is an evolution of that idea. All product listings, transactions and other innovative uses of the chain such as the built-in escrow and the future SMT release will all be part of dStors. The external database will be used to actually hold things like account information (email/pass login) as well as a custom reputation system similar to that of eBay and dstor's owners (that'd be the users) brand name and identify that can be changed/updated any time. The rest IS on the blockchain. Fully. SMT is great....I can't rely on the smt however (appics also made a similar decision not so long ago and are researching other blockchains and ways to issue their XAP token), and so bitshares was chosen as the perfect solution for the time being. A snapshot of all accounts holding the tokens will be taken upon the release of SMT's - so that's not a problem.

I assure you, there's only one thing that want to see: that we have our own dCommerce dapp on the chain to provide a rich-in-utility use-case for STEEM. And I want publications talking about how great STEEM is and what creative ways it can allow for dapps to be built upon compared to the rest of the slow garbage out there.

dStors WILL fully interface with the steem blockchain as per my original design.

I will consider all comments and hope that I have answered your main concern from the post.
Thank you ヽ(⌐■_■)ノ🛒dStors.com

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Thank you for actually presenting a level headed response in this thread regarding your project. The responses of the @dstors account are not something you should be accepting as representing of your brand. To be that defensive and callous in response to genuine concern is rather alarming. You may want to have a talk with the person who is running that account.

So was that you answering earlier? Who was representing DStors earlier when a response was given? It would help the community know. deranged visions says it wasn’t him yet I’ve seen you both state you two are the main white paper writers and creators of dstors. Thank you.

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The person who was in charge of answering questions did not coordinate properly with the team and will no longer use the account to answer on behalf of dStors. However, catching up with everything that was exchanged here, I can see that @whatsup used a clear entrapment of a Q&A; she then selectively left out important facts to put us at ugly level of dLive. I am livid as hell about this. What she did was indeed not courteous and unacceptable. While my colleague lost his temper, it is wholly understandable as the insult of being called scammers and dLive equivalent is more than anyone can take. If anyone has any questions please contact me through our discord and I'll be more than happy to address your concerns from here on out. Thank you.

Kali Ju, dStors CEO.

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I don't remember a dlive scam. All I remember was people got their feeling hurt because dlive left Steem. So what was ugly about dlive except that it barely had anything to do with Steem and, as such, was zero effort for them to move off the platform? This was the only parallel made by the OP:

remember dlive

That's an actual question that I would like to explore, not rhetorical: What was ugly about dlive?

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Do you see how the developer confirmed that the whitepaper is wrong? You do read whitepapers when you decide what to invest in, right? I mean, I get that there are times to skip all that, like when speculating and day trading and stuff. But this is one of those situations where the whitepaper flat out contradicts the state goals of the project and it has direct bearing on what investors' expectations are.

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So, above is what would have been a reply to the parent of this reply, but it was deleted:

I'm not attempting to embarrass you, @haejin. I'm trying to understand what you're going through. I'm imagining you hunched over your keyboard, looking for every possible way to position this so you look good. Looking at it from your perspective, you seem to think that any criticism of this project cannot be valid. I get that. But if you read what the root post said, it asked questions that the developer confirmed were indeed a problem.

And you were quick to impeach. That behavior is being demonstrated throughout this thread all the way up to this reply and immediate deletion. Kinda like, "Shoot first, ask questions later." Almost.

Anyway, I'm wondering if your entire behavior on this thread can be summed up in this one example. Or maybe we can even extrapolate to everything you've ever posted.

I realize I am overanalyzing. I wouldn't like it if someone tried to profile me using the blockchain. I'm guessing it would be quite embarrassing.

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1/Write in a way to confuse investors.
2/ Attack very aggressively - anyone who asks legitimate questions or points out facts.
3/ Continue the attack, to draw attention to your marketing and personnel skills.

regards.
J Stalin...

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I never meant to kick off the beginning of such a drama, but I can rest easy now that if it hadn't been me it could have been nearly anything. Talk about a bunch of dudes walking around constantly triggered.

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At this point we should support projects that bring monetary value to the Steem token. A peer to peer market is just another way of cashing out. I don't see from their white paper that Dstores is going to help bring money into the system.

An E-commerce solution based on Steem that burns part of their income would be a much better solution.

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Wanted to post this a few hours ago but i had issues with the data company. Had to wait.

Good to see a post such as this.
The Whitepaper did state that the project is cross-chained and will accept several other tokens/cryptocurrency. Namely Steem, WLS and BTS. with options for Fiat. Hence, dstors had nothing to hide from the onset.

Also, I don't see anything wrong with this post. In fact, I think it is timely because it brought to light what a lot of investors might have missed in a hurry. Dstors is not entirely a project 100% on Steem. It is cross-chained and has its tokens on bitshares. @whatsapp has a point!

However, that Dstors isn't entirely on Steem doen't make it any less legitimate. In a way, value is created indirectly since people can spend their steem there. More people can learn about this platform on dstors too when it is operational.

However, the whitepaper model doesn't exactly state how dstors will direcly bring in monetary value to steem. We need buyers on here. So, other than getting upvotes using STORS (which is a way of taking from Steem) i do hope the project buys steem from a part of their earnings and powerup over time. I also hope to see sales contests and promotions that subsidize fees for users when they trade using steem.

Likening dstors to DLive is not relevant. Dlive was built on Steem and left anyways. Doesn't guarantee dstors would. It's a service. A business.

Name callings aren't exactly the right way to go with this. I think whoever is behind the comments from the @dstors account should be disciplined by the @dstors Team because he/she lacks the insight to see an opportunity to clarify questions. It was very wrong and it raises concern about the character and professionalism of the people behind it.

I have read the whitepaper and i delegated because i think it's a great project. However, i'm not completely skewed or emotional when investing. So, I am open to discussions and looking forward to your full review to get a different perspective on the project.

At least they're working on building something, which is more than i can say for the numerous shitty upvote contests on here with zero value and outrageous rewards.

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I have stated over and over again, that I value the idea. If such a site were built and successful, I think it would be good for all of crypto.

dlive did not integrate much of their site on the Steem blockchain and that is what made it easy for them to leave.

At first I just wanted to quickly point that out. I didn't freak out or attack I literally just mentioned that it is a standalone website with no connection to steem on a technical level. The tokens will reside on Bitshares.

Now I have so many more questions... Why do they keep saying they are building a Steem App? Why do they keep saying they will be deploying this site on a blockchain?

Since only 10% of the overall tokens will be awarded to delegators how much of a return can they hope to get?

How will the tokens be tracked? Will there be transactions ids or some way to audit?

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I was already suspicious just for the fact that as of right now it's vaporware, and they're getting all these delegations. Partiko had a super awesome product that proved they were legit BEFORE launching a delegation campaign. The Partiko way should be the only way. This will end badly, I'm putting this on the blockchain for future I told you so's.

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If a project is not using its profits toward buying more steem than it distributes in upvotes it is detrimental to the price of the steem and cannot therefore be classed as a steem project. Additionally, any project without this as a minimum intention should be held to account by the community along with its delegators and stake holders.

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The fact that it could provide a gateway to transact in Steem and SBD is positive and should create the liquidity needed to spur demand for the token. It is a way to bring fiat versus only depending on the rewards pool to incentivize users. Only time will tell...

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